MOST NOTEWORTHY: Microsoft (MSFT) and Darden Restaurants (DRI) top today's list of upgrades.
- Credit Suisse upgraded Microsoft Corp. (NASDAQ:MSFT) to "Outperform" from Neutral, citing the company's strengthening market position in digital entertainment and potential revenue upside.
- JP Morgan upgraded Darden Restaurants, Inc. (NYSE:DRI) to Neutral from Underweight, reflecting lower commodity costs and solid performance in Olive Garden.
OTHER UPGRADES:
- Triad Hospitals, Inc. (NYSE:TRI) was upgraded from Reduce to Buy at UBS; the upgrade is based on the increased confidence Triad will implement strategic changes to increase shareholder value.
- Morgan Stanley expected a rebound in the ICD market and upgraded St. Jude Medical, Inc. (NYSE:STJ) to Overweight from Equal Weight.
- SafeNet Inc (NASDAQ:SFNT) was added to Stifel Nicolaus' Select List with a $31 target. SafeNet is said to be making progress with their stock option issues and they find the valuation to be attractive.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).
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Reader Comments (Page 1 of 1)
11-20-2006 @ 11:20AM
Ian said...
There's no way I'm buying Microsoft regardless of the potential financial benefit. There's no way I could contribute to the financial well-being of a company that does so many anticompetitive actions.
11-20-2006 @ 3:28PM
A.Boltz said...
Microsoft is a shrewd player in a competitive marketplace. It has committed anticompetitive monopolistic acts in the past, but these days, its long-term success is no longer guaranteed.
In the near-term, I'm very optimistic about MSFT and think "outperform" may be an understatement. They are very well positioned for this coming year with their two, main products getting highly anticipated upgrades. They also appear to be properly exploring and expanding new businesses (i.e. Internet services and X-Box).
...I'm glad I've held on to my stock!
11-20-2006 @ 6:16PM
Michael said...
When it comes to purchasing stocks, it's about the cash flow.
Microsoft has plenty and give dividends to it's shareholders.
If you want to make money, MSFT is a good choice. If you want to make excuses, well you're not into making money then.
11-20-2006 @ 10:02PM
T Lonergan said...
The richest guy of all time is not ever-EVER-ever going to let his baby (MS) be second for very long.
I don't know anyone who does use sometype of MS product.